Creditsafe is a global provider of business data and one of the most used sources of such data here in the UK. We asked our audience of business professionals to complete a short survey which explored their experiences of business in 2018 and expectations for 2019. The survey was completed during December 2018 by 755 participants, who range from sole traders to large companies with 500+ employees across a plethora of business sectors and locations.
The responses have revealed a number of key insights which shape the British economy today. Overall, growth has been strong, with more than two thirds of participants reporting turnover growth. Of course, that also means around a third of businesses failed to experience turnover growth - leading to queries around the fluctuations in business success, which are described in more detail within this report.
On a less positive but likely predictable note, concerns around Brexit remain rife, with 35% of businesses saying that leaving the European Union has already had a negative impact for them. Meanwhile, 60% state no impact so far and 7% are unsure about what to expect and how it will affect them.